1150 MERCEDES, Salt Lake City, UT 84108
6BD/—BA Residential in Salt Lake City, UT 84108. 3,612 sqft. Built 1955. Listed at $1,750,000. MLS #2157181.
6BD/—BA Residential in Salt Lake City, UT 84108. 3,612 sqft. Built 1955. Listed at $1,750,000. MLS #2157181.
Situated on a quiet street in the highly desirable St. Mary's neighborhood, this beautifully updated rambler blends original charm with a contemporary open floor plan and thoughtful design details throughout. A terrazzo entry welcomes you inside, where expansive windows on all sides fill the home with natural light and offer west-facing sunset views year-round. The kitchen features a large island with bar seating and a secondary prep sink, a gas range with hood, stainless steel appliances, ample cabinetry, a built-in desk, and a large window above the main sink. The layout makes it easy to cook, gather, and stay connected to the rest of the main level. From here, enjoy seamless access to the covered back deck and patio, west-facing and ideal for outdoor dining, barbecuing, and relaxation. The main living area centers around a gas-insert fireplace with walnut surround, flanked by built-in shelves and cabinetry with integrated lighting, creating a warm and inviting gathering space, and beautiful west-facing views. The primary suite comfortably fits a king bed and seating area, with windows on multiple sides for sunrise and sunset views. The suite opens to a spacious walk-in closet with a built-in island and cabinetry drawers, and a fully updated bath with designer finishes, a walk-in shower with bench and niches, and a private water closet. Updated lighting and designer touches upstairs reflect a cohesive, professionally considered aesthetic.The daylight basement adds significant living space, with a large family room and walkout access to the backyard, generous storage throughout, and a laundry room that doubles as an arts and crafts workspace with built-in shelving and galvanized countertops. Additional features include real hardwood flooring, a water softener, Google Fiber, and updated lighting throughout. The backyard is flat and fully usable, with mature landscaping, a lush lawn, mountain views, a galvanized garden box, and plenty of room for playing, pets and entertaining. Minutes from the University of Utah, Primary Children's Hospital, Hogle Zoo, Emigration Canyon, and downtown Salt Lake City, with easy freeway access and Foothill Village shopping and dining nearby.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
OAK HILLS
County
Salt Lake
Zoning
Single-Family
Construction
Brick
Lot Size
0.25 sq ft
Above Grade Area
1,806 sq ft
Condition
Blt./Standing
MLS #
2157181
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
OAK HILLS
County
Salt Lake
Zoning
Single-Family
Construction
Brick
Lot Size
0.25 sq ft
Above Grade Area
1,806 sq ft
Condition
Blt./Standing
MLS #
2157181
List Price
$1,750,000
Annual Taxes
$6,095
Home Warranty
No
List Price
$1,750,000
Annual Taxes
$6,095
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Aluminum
Flooring
Carpet,Hardwood,Tile,Vinyl
Basement
Daylight,Full,Walk-Out Access
Materials
Brick
Appliances
Microwave,Range Hood,Refrigerator,Water Softener Owned
Laundry
Electric Dryer Hookup
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Aluminum
Flooring
Carpet,Hardwood,Tile,Vinyl
Basement
Daylight,Full,Walk-Out Access
Materials
Brick
Appliances
Microwave,Range Hood,Refrigerator,Water Softener Owned
Laundry
Electric Dryer Hookup
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Garage Spaces
2
Covered Spaces
2
Total Parking
4
Garage Spaces
2
Covered Spaces
2
Total Parking
4
Classification
Standard
Deal Score
10/100
vs Similar Homes
53% above
vs Market Median
30% above
Area Growth (YoY)
0.8%
Deal Score Breakdown
10/100
Priced 53% above the median of similar listings
Priced 30% above the per-subtype city median
0.8% year-over-year ZHVI growth in this area
LT net cashflow -$5,094/mo (-44.1% return on ownership cost) · STR net cashflow -$7,204/mo (-62.3% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
No price reduction from original list
Ensemble scoring: the best single signal sets the floor, secondary qualifying signals (≥60) each add 5 points up to +20. A home that strongly wins on one dimension is already a great deal — it doesn't need to tick every box.
Monthly Rent
$7,350/mo
Range: $5,871 – $8,828
Net Monthly Cash Flow
−$5,094 /mo (−$61,124/yr)
Monthly rental income
Monthly ownership cost
Coverage
64%
Net /mo
−$5,094
DSCR
0.74
Est. Annual Revenue
$74,709/yr
$395/night · 39% occupancy · $131/bedroom · $0.43/sqft
Net Monthly Cash Flow
−$7,204 /mo (−$86,447/yr)
Monthly STR income
Monthly ownership cost
Coverage
54%
Net /mo
−$7,204
DSCR
0.50
Best Download
8 Gbps
Best Upload
8 Gbps
Fiber Available
Yes
Providers
12
Available Providers
$570,000
+207% vs median
57 days
615
$184,000 – $7,995,000
$6,095
High Crime
28.7
per 1,000
83.9
per 1,000
34.5
per 1,000
147.1
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
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